The Wharton finance professor said if the levies are lifted, the market is likely to pass new milestones.

Businesses have been dealing with tariff uncertainty since April, and it's starting to wear some of them down.

Yahoo Finance is chronicling the latest news and updates on President Trump's plans to impose tariffs on goods from other countries.

A 100 percentage-point increase in U.S. tariffs on China doesn’t have to happen, said Treasury Secretary Scott Bessent, saying the two sides could step back from an escalation in their trade war through talks in the coming weeks.

Finance chiefs gathering in Washington this week were ready to discuss the global economy's surprising resilience in the face of Donald Trump's tariff assaults - until U.S.-China trade war rhetoric reignited with the U.

The Chinese Ministry of Commerce said the controls, issued Oct. 9, were part of Beijing's effort to "better safeguard world peace and regional stability."

This was almost the perfect storm coming together,” he warned. Meanwhile, White House budget office said Friday that mass firings of federal workers have started and could to